The Board of Character reported that the Group has acquired a warehouse and office complex at Townley Street, Middleton in Lancashire at a price of £5 million (excluding VAT). These premises, which are located within 6 miles of the Company's main operational base in Oldham, provide a total of approximately 157,000 sq. ft. of warehouse, office and ancillary accommodation/facilities and are positioned on a plot of approximately 7.44 acres. It will serve as an over-spill warehousing facility for the Group's UK operations, after some updating and fitting out to suit the Group's operating systems and processes.